Introduction to Australian Superannuation

Written by Jonathan Bailey

Continued from page 1

A disadvantage ofrepparttar superannuation scheme is that many Australians, particularly those who change employers regularly, are likely to have various small amounts of money in a number of separate superannuation funds.

This, in turn, can lead to a decrease in earnings as each fund will introduce any number of fees for maintainingrepparttar 148319 account. More significantly, a member account in a superannuation fund can possibly be forgotten in time and become unclaimed.

It is estimated that there is currently more than $7.2 billion of unclaimed and lost superannuation. This works out to about one in every three Australians who have money in superannuation and don't know about it.

As such, it is imperative that Australians take a proactive approach to superannuation by making sure they are always aware of which funds their superannuation contributions are being made to and by rolling over these amounts where practical into a consolidated fund each time they change jobs.

By doing so, one can avoidrepparttar 148320 difficulties involved in having to track down any possible lost money belonging to them after years of neglecting to pay attention to superannuation during employment.

Jonathan Bailey is a columnist for Unclaimed Superannuation, a website providing information on superannuation in Australia and how to track down lost and unclaimed super.

Home Loans For People With Adverse Credit History

Written by Carrie Reeder

Continued from page 1

Look At The Fees

Fees should be included inrepparttar price ofrepparttar 148318 loan when you are comparing prices. Adverse credit will result in some fees, but they should not be excessive. You should expect to pay up to five points for most loans. There are always exceptions to this rule, but comparison shopping should give you an idea of what is reasonable.

Details Count

Once you have a competitive financing offer, be sure to readrepparttar 148319 terms. Some lending companies charge high fees for late or missed payments. While late fees are common, they should not be extreme. If you have any questions, contactrepparttar 148320 lending company and they will answer your questions.

Include A Down Payment

A down payment between 5% and 20% is usually required for people with a credit score less than 600. If you provided a down payment larger thanrepparttar 148321 minimum, you can often get a better offer. In addition, a down payment of 20% or more will save you fromrepparttar 148322 expense of PMI.

To see a list of recommended bad credit home loan companies online, visit this page: - Carrie Reeder is the owner of ABC Loan Guide, an informational website with articles and more about various types of loans.

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